A loan of $4,925 helped a member to buy merchandise such as shoes for children, women, and men.

Atipay Group's story

(Señora Carmen is raising her hand in the photograph.) Communal bank member Carmen was born in the city of Puno, but now she lives in the beautiful city of Cusco. She is 34 years old but she is single. Her principal business is selling shoes. She has already worked in this business for a number of years, and it is going very well for her. At this time Carmen needs a loan to buy merchandise such as shoes for children, women, and men. Her dream is to open other stores in the cities of Puerto Maldonado, Sicuani, and Quillabamba.

This group consists of neighbors and friends who formed the communal bank "Atipay" in the province and department of Cusco. This communal bank consists of people who are always looking for opportunities to get ahead and with their daily effort to give their children a better future. The businesses of the members include, for example, preparing snacks, school transportation, teacher, survey assistant, and renting traditional costumes. Others are restorers of artwork, public employees, and music teachers.

The members in general are grateful for the opportunity offered and promise to make their loan payments according to schedule. (The members who appear in the lower part of the photo arrived late for the communal bank meeting.)

Cusco is located in the district, province, and department of Cusco, in the very heart of the old city of the Incas. It is characterized by being a tourist area because of its archaeological centers, its historic center, its landscapes, its history, and by being an enchanting city in the southern region of the country. Cusco is also known for its traditional celebration of Inti Raymi and for Machu Picchu, one of the seven wonders of the world.

In this group: Carmen Maya, Nieves Yaqueline, Gabriela, Oscar Leonidas, Sara Rossana, Ingrid, Liudvinka, Roger Einer*, Karolay Denisse*, Jaime Oswaldo, Nimia Domitila, Luz Rocio, Mariclaudia, Tomasa Nidia, Hilda Llarnek
*not pictured

Translated from Spanish by Kiva volunteer Pam McMurry

Loan details

Lenders and lending teams

Loan details